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Except the numbers show that for most Americans the path to financial stability and generational wealth is through homeownership.
by more_corn 4y ago
Except the numbers show that for most Americans the path to financial stability and generational wealth is through homeownership.
- shanebellone 4y agoThis is exactly right. The 1st house purchase is critical for most Americans. Becoming financial stabile within the current paradigm requires owning a home or receiving 2-3x the median salary.
- imtringued 4y agoI would prefer it if I could just earn my "wealth" on my own instead of having to rely on the luck of being born to the right parents or having to wait for my parents to die until opportunities are available to me. By the time I am old enough to inherit I won't need my parents' assistance any longer and I will be too old to care about the "wealth".